That's a new assessment from Frank W. Herring Jr., president, St. Joe Commercial Co.
Wal-Mart, Home Depot, Lowes, Walgreens, Publix Target and BJs will continue to dominate the superstore, drugstore, home improvement, grocery and wholesale club sector, he predicts.
Suburban pockets with strong population growth and large tracts (50 acres or more) to accommodate superstores and home improvement centers will be taking play away from most urban areas, the developer says.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
